BBCP News & Events

Concrete Pumping, through its U.K. operations under the Camfaud brand, announced the strategic acquisition of Templant Hire Limited, a provider of temporary power solutions. The company said this marks its entry into the U.K. temporary power market. "This acquisition represents an important step in executing our strategy to build a diversified, multi-service platform supporting the construction and infrastructure sectors," said Bruce Young, president and CEO, Concrete Pumping. "It is a high-quality business with strong leadership, and we see clear opportunities to accelerate growth both organically and through disciplined add-on acquisitions, while also delivering meaningful synergies and long-term sustainable value for our shareholders." The transaction is expected to be net debt neutral. The financial terms of the deal were not disclosed.

Backs FY26 adjusted EBITDA view $90M-$100M. The company said, "The Company continues to expect fiscal year 2026 revenue to range between $390.0 million to $410.0 million, Adjusted EBITDA to range between $90.0 million to $100.0 million, and free cash flow2 to be at least $40.0 million. These expectations continue to assume the construction market will not meaningfully recover in fiscal year 2026. As announced in January 2026, due to stricter U.S. emissions laws that are expected to take effect on January 1, 2027, for all heavy-duty engines with a 2027 model year or later, the Company has approved accelerating approximately $22.0 million of planned capital equipment investments from calendar year 2027 into calendar year 2026. No 2027 capital expenditures have been pulled forward as of January 31, 2026. This decision is based on a few key considerations including navigating expected disruptions from first-generation truck technologies and anticipated truck price increases in 2027 for new trucks associated with incremental OEM production costs. This pull-forward of calendar year 2027 investments will reduce replacement capital expenditures in calendar year 2027 and aligns with the Company capital allocation roadmap to allow for a smooth transition under new regulations to improve the Company's competitive positioning."

Reports Q1 revenue $90.56M, consensus $84.82M. "This was a strong start to the year for Concrete Pumping Holdings, with revenue increasing 5% and Adjusted EBITDA growing 6% year over year," said Bruce Young, CEO of Concrete Pumping Holdings. "We were particularly encouraged by a return to growth in our U.S. Concrete Pumping operations, which delivered 5% year-over-year revenue growth, alongside another solid quarter of free cash flow generation. While it is still early in the year, the quarter reinforced what we continue to emphasize-disciplined cost management, improved fleet efficiency, and the operating leverage and scale advantages of our platform. We remain focused on executing our strategy and positioning the business for sustained growth as market conditions continue to evolve."